Latest News 2011 June Board President Files for Bankruptcy

Board President Files for Bankruptcy

The Milwaukee Public School Board President has reportedly filed for Chapter 7 bankruptcy. According to reports, the family's income dropped almost 35% in the last year. His own salary with the University of Wisconsin-Milwaukee dropped about 7% because of state furlough days. The couple also reportedly suffered not having the tax deductions of their two sons as they moved out of the house.             

It's never easy to file for bankruptcy, but it doesn't have to be the end for anyone because you do have options that can help you through this financial strain. Bankruptcy is a complicated process that needs to be handled carefully so that you can resolve this matter quickly and begin to move forward with your life again. You should not feel bad about filing for bankruptcy, but you should go about it in the right way so that you settle this matter.

With the help of a bankruptcy lawyer, you will be able to choose the method of filing that works best for your situation. A bankruptcy attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy lawyer today to begin discussing the details of your case and moving forward with your life as quickly as possible with the best possible outcome as the result.